Analyst calls: Groupon upgraded

Celgene is downgraded to 'sector perform,' and eBay is initiated with an 'outperform.'

By MSN Money Partner Jun 18, 2012 10:47AM
Information provided by Theflyonthewall.com

Monday's noteworthy upgrades include:  
  • Amerigroup (AGP) upgraded to Outperform from Market Perform at BMO Capital
  • Groupon (GRPN) upgraded to Overweight from Equal Weight at Morgan Stanley
  • VeriFone (PAY) upgraded to Buy from Neutral at UBS
  • EOG Resources (EOG) upgraded to Buy from Neutral at UBS
  • Oasis Petroleum (OAS) upgraded to Buy from Neutral at UBS
  • Pioneer Natural (PXD) upgraded to Buy from Neutral at UBS
  • Regions Financial (RF) upgraded to Overweight from Equal Weight at Evercore
  • KeyCorp (KEY) upgraded to Equal Weight from Underweight at Evercore
  • Time Warner (TWX) upgraded to Buy from Neutral at Davenport
Monday's noteworthy downgrades include:  
  • Celgene (CELG) downgraded to Sector Perform from Outperform at RBC Capital
  • City National (CYN) downgraded to Equal Weight from Overweight at Evercore
  • Rambus (RMBS) downgraded to Neutral from Overweight at JPMorgan
  • Tractor Supply (TSCO) downgraded to Hold from Buy at KeyBanc
  • Whole Foods (WFM) downgraded to Neutral from Buy at Northcoast
Monday's noteworthy initiations include:  
  • Fastenal (FAST) initiated with a Neutral at Longbow
  • Grainger (GWW) initiated with a Neutral at Longbow
  • MSC Industrial (MSM) initiated with a Buy at Longbow
  • EBay (EBAY) initiated with an Outperform at Keefe Bruyette
  • AT&T (T) initiated with a Buy at Janco
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